“We are ready to co-invest in the high-tech industry … How can we make Iranian roads safer? Can we develop electric cars to reduce pollution? Also, Iran is number one in energy waste — is there a way to reduce this?”

He added that he is exploring opportunities in South Korea and Japan, which “have a good relationship in oil with Iranians“.

The fund has around $5 billion under management, and is currently invested in 22 companies including banks, financial and credit institutions, mining and other industries.